Is Alphabet Stock a Buy?
Investors in internet giant (NASDAQ: GOOGL) went for a fun ride in 2023. Share prices soared by 58% last year, a tremendous feat for a company worth over a trillion dollars.
Are you considering buying this "Magnificent Seven" stock today? It might feel silly after such a run. But don't be too quick to move on to something else. Alphabet could benefit from solid catalysts in its core business, and the financials paint an interesting picture of the stock's valuation.
Is Alphabet stock a buy? The answers lie below.
Source Fool.com
Alphabet Inc. A Stock
The stock is one of the favorites of our community with 101 Buy predictions and 1 Sell predictions.
As a result the target price of 180 € shows a positive potential of 21.1% compared to the current price of 148.64 € for Alphabet Inc. A.